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of hours ago. >> let's go right to cbs 5's paul dana. >> it's been lit up like a christmas tree so to speak. this is three hours of history right here. look at the rain fall here moving east towards sacramento and central valley and we are looking at the rain fall continuing for a while. here is a look at what we have going on right now with the live radar. we'll zoom into a couple of spots. we have a few breaks here, right over the city of san francisco. sitting over bait but not over the land mass. oakland, you are getting rainfall. lafayette, heavy rainfall for you, concord, pleasant hill. san ramon, alamo, we are getting a little bit of a break along 101 along santa rosa. a little bit of a break from the rainfall. computer forecast model predicting how much rain we see. another 346 inches of rainfall for those of you watching in pleasanton and san francisco, nearly an inch in san raphael. all of this rain really beginning to add up. i just added up the latest totals. sfo, we had more than 5 1/2. last december through christmas, 1.2. if you are a skier, you love. this another 8 to 16 inc
, and some of the reasons had nothing to do with the economy. dana telsey is a retail analyst. >> whether it was hurricane sandy, the need to spend on the home; whether it was the tragedy in connecticut, and took away the feel-good factor-- it was a confluence of events that led to a "should have been better" holiday season. >> reporter: a big part of the problem was in the densely populated northeast, where more than a fifth of country's retail sales take place. holiday spending priorities shifted after hurricane sandy as homeowners focused more on repairs than on gifts. also dragging down sales was uncertainty about the so-called fiscal cliff, tax hikes and spending cuts set to take effect next year. if lawmakers don't reach a deal to avoid it, consumers could see higher taxes eating into their paychecks. even online sales suffered. compared to past years of double-digit growth, this year, online holiday sales rose only about 8%, compared to nearly 16% last year. overall, holiday spending accounts for up to 30% of retailers' annual sales, so the disappointing season is a concern for an
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